Environmental corporate social responsibility: A note on the first-mover advantage under price competition
Environmental corporate social responsibility: A note on the first-mover advantage under price competition
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发表时间:
2017-01
影响因子:
0.6
通讯作者:
Kosuke Hirose;Sang‐Ho Lee;Toshihiro Matsumura
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文献类型:
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作者:
Kosuke Hirose;Sang‐Ho Lee;Toshihiro Matsumura
We consider a model in which two firms choose whether to adopt environmental corporate social responsibility policies and then face Stackelberg competition under price competition. We show that the first-mover has the advantage, which is in contrast to the second-mover advantage typically seen in standard price competition models.